Techub News reports that, according to Newsis, South Korea’s financial regulators are considering whether to include the clause on “confiscating the principal in virtual asset insider-trading cases” in the Second-phase law expected to be announced in the second half of this year. Under the current 《Virtual Asset User Protection Act》, the government is only authorized to confiscate investment principal when there is fraudulent trading or market manipulation. For insider trading, there is no legal basis to confiscate investment principal.

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